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Order backlog grow operating rates across lead-acid battery producers

iconOct 15, 2018 10:13
Source:SMM
Lead-acid battery producers operated at 68.91% over the week ended Oct 12, up 9.51 percentage points from Sep 28

SHANGHAI, Oct 15 (SMM) – While consumption across the motive and automotive battery markets appeared to weaken in the colder weather, there were unfulfilled orders from the high season of September. 

Labour constraints and equipment issues kept some battery plants from completing deliveries for backlogged orders, and plants stepped up operations during the National Day holiday. This accounted for the rise in operating rate, which continued to grow after the holiday.

Lead-acid battery producers across China operated at 68.91% over the week ended October 12, up 9.51 percentage points from September 28, SMM data showed.

Operating rates
Lead
Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.

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